repossession, n. The act or an instance of retaking property; esp., a seller’s retaking of goods sold on credit when the buyer has failed to pay for them. — Often shortened to repo. Cf. FORECLOSURE; RESCUE(3). [Cases: Secured Transactions 228. C.J.S. Secured Transactions §§ 151, 153–160, 180.] — repossess, vb.
ponit se super patriam (poh-nit see s[y]oo-p[schwa]r pay-tree-[schwa]m orpa-tree-[schwa]m). [Latin “he puts himself upon the country”] Hist. A defendant’s plea of not guilty in a criminal action. — Abbr. po. se. See GOING TO THE COUNTRY; PATRIA(3).
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repurchase agreement. A short-term loan agreement by which one party sells a security to another party but promises to buy back the security on a specified date at a specified price. — Often shortened to repo. [Cases: Corporations 82, 120. C.J.S. Corporations §§ 180–181, 193–195, 239–241.]
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PPO.abbr. 1. PREFERRED-PROVIDER ORGANIZATION. 2. See permanent protective order under PROTECTIVE ORDER.
A protective order of indefinite duration granted after a hearing with notice to both sides; esp., a court order that prohibits an abuser from contacting or approaching the protected person for a long period, usu. years. Despite the name, permanent orders often have expiration dates set by state law. An order may also require the
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A temporary protective order granted on an expedited basis, usu. after an ex parte hearing (without notice to the other side), most commonly to provide injunctive relief from an abuser in a domestic-violence case; esp., a short-term restraining order that is issued at the request of a law-enforcement officer in response to a domestic-violence complaint
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Government Printing Office. An office in the legislative branch of the federal government responsible for printing and distributing congressional publications and publications of other agencies of the United States government. • The Office is supervised by the Congressional Joint Committee on Printing. It began operating in 1860. — Abbr. GPO.
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preferred-provider organization. A group of healthcare providers (such as doctors, hospitals, and pharmacies) that agree to provide medical services at a discounted cost to covered persons in a given geographic area. — Abbr. PPO. Cf. HEALTH-MAINTENANCE ORGANIZATION. [Cases: Health 294; Insurance 1259, 2501.]
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